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Upgrades & Downgrades History
UPGRADES & DOWNGRADES HISTORY 
DateResearch FirmActionFromTo
4-Sep-14UBSDowngradeBuyNeutral
13-Aug-14RBC Capital MktsUpgradeSector PerformOutperform
23-Jul-14MizuhoInitiatedBuy
5-Mar-14StifelDowngradeBuyHold
2-Jan-14StifelUpgradeHoldBuy
10-Jan-13KeyBanc Capital MktsUpgradeHoldBuy
9-Oct-12MLV & CoInitiatedHold
14-Mar-12Stifel NicolausDowngradeBuyHold
21-Feb-12RBC Capital MktsDowngradeOutperformSector Perform
23-Jan-12Compass PointInitiatedNeutral
22-Jun-11FBR CapitalDowngradeOutperformMkt Perform
14-Jul-10FBR CapitalInitiatedOutperform
8-Jul-10JefferiesInitiatedBuy
8-Jul-10UBSUpgradeSellNeutral
7-Jun-10Stifel NicolausUpgradeHoldBuy
25-May-10Robert W. BairdUpgradeNeutralOutperform
26-Apr-10BMO Capital MarketsUpgradeUnderperformMarket Perform
7-Apr-10Janney Mntgmy ScottDowngradeBuyNeutral
8-Feb-10Janney Mntgmy ScottUpgradeNeutralBuy
20-Jan-10Barclays CapitalUpgradeEqual WeightOverweight
24-Nov-09Keefe BruyetteInitiatedMkt Perform
28-Oct-09Morgan KeeganInitiatedMkt Perform
7-Aug-09JMP SecuritiesDowngradeMkt OutperformMkt Perform
21-Jul-09UBSInitiatedBuy
15-Jul-09JMP SecuritiesInitiatedMkt Outperform
19-May-09Robert W. BairdDowngradeOutperformNeutral
27-Apr-09RBC Capital MktsDowngradeOutperformSector Perform
18-Mar-09Stifel NicolausDowngradeBuyHold
17-Feb-09RBC Capital MktsUpgradeOutperformTop Pick
6-Feb-09Stifel NicolausUpgradeHoldBuy
20-Nov-08Cantor FitzgeraldInitiatedBuy
10-Nov-08Robert W. BairdUpgradeNeutralOutperform
12-Aug-08Banc of America SecDowngradeBuyNeutral
24-Jul-08Lehman BrothersInitiatedEqual-Weight
2-May-08Keefe BruyetteDowngradeOutperformMkt Perform
6-Mar-08Stifel NicolausInitiatedHold
4-Jan-08BMO Capital MarketsInitiatedMarket Perform
10-Aug-07Banc of America SecUpgradeNeutralBuy
11-Jul-07Lehman BrothersUpgradeEqual-weightOverweight
8-Mar-07WachoviaUpgradeMkt PerformOutperform
14-Dec-06Lehman BrothersUpgradeUnderweightEqual-weight
22-Nov-06CitigroupInitiatedHold
2-Nov-06RBC Capital MktsUpgradeSector PerformOutperform
23-Feb-06Robert W. BairdInitiatedNeutral
11-Jan-06JP MorganUpgradeNeutralOverweight
5-Aug-05WachoviaDowngradeOutperformMkt Perform
4-Aug-05UBSDowngradeNeutralReduce
5-May-05KeyBanc Capital Mkts / McDonaldUpgradeHoldBuy
14-Jan-05UBSUpgradeReduceNeutral
10-Jan-05Lehman BrothersDowngradeEqual-weightUnderweight
3-Jan-05Banc of America SecUpgradeSellNeutral
1-Jul-04UBSDowngradeNeutralReduce
20-May-04JP MorganUpgradeNeutralOverweight
30-Apr-04RBC Capital MktsUpgradeUnderperformSector Perform
11-Feb-04UBSUpgradeReduceNeutral
17-Oct-03UBSDowngradeNeutralReduce
16-Oct-03McDonald InvstUpgradeUnderweightHold
25-Aug-03USB Piper JaffrayDowngradeMarket PerformUnderperform
1-Aug-03RBC Capital MktsDowngradeSector PerformUnderperform
21-Feb-03WR HambrechtInitiatedHold
6-Nov-02RBC Capital MktsInitiatedSector Perform
31-Oct-02McDonald InvstDowngradeHoldUnderweight
19-Jul-02CSFBDowngradeBuyHold
30-May-02Lehman BrothersDowngradeBuyMkt Perform
14-May-02USB Piper JaffrayInitiatedMarket Perform
11-Feb-02Friedman BillingsDowngradeBuyAccumulate
24-Jan-02PrudentialInitiatedHold
18-Jan-02Robertson StephensInitiatedBuy
30-Oct-01AG EdwardsDowngradeBuyHold
26-Oct-01CIBC Wrld MktsDowngradeBuyHold
25-Oct-01AG EdwardsUpgradeHoldBuy
25-Oct-01McDonald InvstDowngradeAggressive BuyHold
22-Oct-01Merrill LynchDowngradeNT AccumNT Neutral
3-Oct-01Raymond JamesDowngradeStrong BuyBuy
7-Sep-01Banc of America SecInitiatedBuy
1-Aug-01Friedman BillingsUpgradeAccumulateBuy
4-Jul-01Merrill LynchDowngradeNT BuyNT Accum
3-Jul-01Merrill LynchDowngradeNT BuyNT Accum
12-Apr-01CIBC Wrld MktsDowngradeStrong BuyBuy
11-Apr-01CIBC Wrld MktsDowngradeStrong BuyBuy
26-Jan-01UBS WarburgDowngradeStrong BuyBuy
23-Jan-01Bear StearnsUpgradeAttractiveBuy
23-Oct-00McDonald InvstInitiatedAggressive Buy
20-Oct-00McDonald InvstInitiatedAggressive Buy
13-Oct-00CSFBInitiatedBuy
19-Jul-00CIBC Wrld MktsInitiatedStrong Buy
19-May-00PaineWebberInitiatedBuy
20-Apr-00AG EdwardsInitiatedAccumulate
24-Feb-00Friedman BillingsInitiatedAccumulate
18-Aug-99Bear StearnsInitiatedAttractive
5-Feb-99Jefferies & CoUpgradeAccumulateBuy

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